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20121201
20121231
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CNBC 11
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Search Results 0 to 36 of about 37 (some duplicates have been removed)
FOX News
Dec 9, 2012 7:00am PST
, in spain, a developing conflict over medical workers. they're taking to the streets to protest budgets cuts and plans to privatize hospitals in spain. thousands of demonstrators marched through madrid. critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are bas
MSNBC
Dec 5, 2012 2:00pm PST
exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> what's a few billion dollars among friends? anyway, last month republican senator marco rubio punted on the question of how old the earth is, calling it a great mystery. it's not a mystery it's what the potential presidential candidate for 2016 was playing to the large number
CNBC
Dec 6, 2012 9:00am EST
, which the germans said they should do, they should have done three years ago they'd be better off. spain is the immediate problem, you have 26% unemployment which is non-performing loans. >> we have to go, 2,200 pages of health care, i'm sure the notes spain's taken how greece has got money at every turn, their pile is a bigger pile than the health care plan. >> i could listen to you guys talk all day long. that was a great conversation. yra, rick, thanks so much. see you in a bit. >>> zynga stock popping. julia boorstin is live in l.a. with more. >> good morning to you, carl. this is the first of many steps before zynga can make money from online gambling. applying for a real money gaming license in nevada is a sign of zynga's seriousness creating new revenue streams. it sent it up as much as 9% higher today. the company warns it will take as much as a year and a half to get approval in nevada but the biggest step of all is a change in federal law, and if online gambling does become legal nationwide, zynga is sure to face some big competition from the casinos. zynga is struggling to sel
CNBC
Dec 18, 2012 9:00am EST
in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good morning. >> yeah, that's right, carl. we saw the offer come in late last night and now we'r
MSNBC
Dec 20, 2012 7:00pm PST
.com. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> if you were lucky enough to pick up an la times tonight. you found this. a conservative case for a ban. i was fascinated of course and i grabbed it to read it by larry al llen burns. i had no idea who he was until i read the first sentence which as was kwis quite a grabber. last month i sentenced jar odloughner for his shooting rampage in tucson. judges do not have his kind of communication with the public. so i knew i was holding something extra informatiordina hands when i read this. i knew i was going to hand it over to his judge to make this conservative case as he puts it for a ban. he says that tragedy left six people. t
CNBC
Dec 14, 2012 9:00am EST
seems to be fixed. it's fixed. even though they're in a bit of a recession, a lost generation in spain, are they really fixed? we'll ask mark grant the tough questions bottom of the hour. , we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> facebook experiencing its fourth lockup today. today 160 million shares hitting the market. our next guest is an author of the book "the facebook era" clara shih the president of a company that has enterprises with large store networks on facebook linked in and other social networks. welcome back and good to see you again. >> good to see you. thanks for having me. >> i wonder what your take is short term on the lockup expiration. we've had it both ways this year. where
CNBC
Dec 19, 2012 9:00am EST
we go, ah. but it is amazing. nothing we can do. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why. the company will buy back at a premium to at least what was the market price as of yesterday, 200 million shares from the government at $27.50. that having the effect of sending the stock above that. why not, if you're gm, you've got all this cash sitting on your balance sheet. you're earning virtually nothing on it, why not take the opportunity, even at a premium, to buy it back by as much as 11%, shrinking the cap by that much. we heard from tim massad who runs t.a.r.p., they'll be dribbling out the shares over time. the next 12 to 15 months. similar to the strategy
CNN
Dec 5, 2012 11:00pm PST
production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens.
FOX News
Dec 26, 2012 4:00pm PST
are investigating. spain, police arrested 35 people near madrid and seized more than 12 tons of a product of can any-cannabis. supplying the european market. belgium, chocolateers, guiness world record certifying the creation. the candy makers saying it took more than 780 hours and 2700 pounds of chocolate to make. um-huh and that's a rap on this fox trip around the world in 80 seconds. >> harris: santa, please remember to pay your taxes. that's what tax officials are telling street entertainers in cash strapped ukraine. the government there facing $9 billion in debt repayments next year. so, people who dress up as santa claus can reportedly make up to 440 bucks an hour performing in the capitol the state tax service has reminded those holiday entertainers to file forms and pay their taxes. cannot tax checks on small businesses urging ukrainian citizens to report any tax dodging santas. would you want to be the one to turn in santa? it may have been the year of the dragon in china. 2012 was filled with all source of critters and their wild moments caught on camera. next, a look back at a big year in
FOX News
Dec 12, 2012 7:00pm PST
never happen. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. to the number 1 club in the world. the potential of manchester united unlocked. nyse euronext. unlocking the world's potential. introducing chase liquid. card hassles? the reloadable card that's easy to activate and can be used right away. plus, you can load cash or checks at any chase depositfriendly atm and checks right from your smartphone. get rid of prepaid problems. get chase liquid. >> greta: president obama refusing to budge. if that happen, will america's top earners leave the country? sounds extreme? that's what's happening in france. the socialist government imposing a 75% tax on numbers higher than 1 million e
CNBC
Dec 12, 2012 9:00am EST
way or the other, we will. >> remember when we used to talk about spain? italy? >> the good old days. spain was borrowing at 7%. >> germany went to the five-year high. we could have that, too. unlike them, our economy is not in tatters. they go five-year high on tatters. audi, good car. >> yes. good car. >> meantime, shares of costco this morning up in the premarket. warehouse retailer earned 95 cents a share in the first fiscal quarter. revenue, profit margins beating forecasts helped by rising sales. those higher membership fees did hike fees a year ago november, which doesn't happen very often. the journal today says, model looks great. the business is great. the stock is just -- people want to pay a lot of money for it, jim. >> oh, yeah, costco, those are remarkable numbers. i know you did an excellent special on coastco and it seems like the execution was impressive. people want to go there. >> as gas prices come down, that helps them, given they make it a bit of a loss leader. valuation rich for your blood. >> when you go to buy a house, you see kirkland more than any other bra
CNBC
Dec 27, 2012 9:00am EST
. take 15% youth unemployment in spain and compound that with the fact they stop having babies. what happens in a generation or two. >> i tell you, bill, you got me thinking, i encourage readers to read this. in some of the biggest developed economies pushed the most growth are below a 2% utility rate. this has to be dealt with at some point. back to you. >> thanks, rick. >>> road trip and big bank is in highways an byways in the road for yield. we'll explain how. and actually. the lexus december to remember sales event is on. this is the pursuit of perfection. stamps.com is the best. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com
CNBC
Dec 27, 2012 7:00pm EST
that was in terrible shape to begin with and i think you have a lot of austerity fatigue going on spain, italy, portugal, certainly greece. so you have those economic woes. the euro is not going to thrive and it may survive thanks to the ecb, but you're not going to get that economy to thrive, and the fiscal union ask those are very slow going and though they may be moving quickly by european standards and i've been given the magnitude of the problem going very slowly. >> how should people be thinking about this? the average american, and they've been hearing about it for so long and they're not sure it will affect their pocketbook. do you think they will? >> and there's this incredible chance that greece will leave and the dominos will begin to fall. i think that's unluikely to happen as long as the ecb is willing to support that currency, but will it thrive? will those economies boom? i don't think so, i think it will be another year of recession and you will find individual opportunities and the stock picker's market and far as it's a strong growth, they're not there yet. >> thanks so much
FOX News
Dec 20, 2012 4:00pm PST
it was a right of passage into adulthood. most of the skeltons spain. richest lottery. more than $3.3 billion up for grabs in a country where one in four people is out of work. prize amounts vary and there are usually thousands of winners. the top prize this year, about a half million bucks. and that's a rap on this fox trip around the world in 80 seconds. the half million is worthless, of course because it's been a very good run in a span of about 200,000 years humans have created the wheel, the interwebs and twinkies. but it's all over in a matter of hours. there is no tomorrow if the myans are right. nice knowing you. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid incredible 4g lte by htc for $49.99. a hybrid? most are djust no fun to drive.e now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsep
FOX News
Dec 4, 2012 7:00pm PST
in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> greta: a california teachers union produces a shocking video. a 60 seconds. ainsley has the headlines. the senate passed a sweeping defense bill but far from a done deal. the $631 billion measure calls for a speedy withdrawal of u.s. forces from afghanistan, tighter sanctions on iran and money for military equipment and personnel. the obama administration has threatened to veto the measure saying it would limit the president a's thoroug
MSNBC
Dec 5, 2012 4:00pm PST
question. we look at greece and wonder, why can't they get their act together? we look at spain and portugal and ireland even, get your act together. you know the problem. shake out of it. what's the world thinking when they look at us? setting up the fiscal cliff, a man-made challenge, what do they think of us? >> actually, they look at us and think we're going to work it out. >> to put it differently, they can't believe we will screw up. >> they're kind of thinking about the debt ceiling debate. they're not following this like we are. and they remember the last time we were in a situation. >> last time we got downgraded. >> it didn't seem to have much economic impact. people are just looking at us figure, oh, you know those crazy americans, they'll work it out at the last minute. >> what will they say if they get up january 2nd or 3rd after the new year and see we didn't work it out. >> it's my hope, towards later december, we'll actually have -- i want to convince people on the right, i think it's the president's job to convince the slower learners on the republican side tha
MSNBC
Dec 7, 2012 2:00pm PST
-max hybrid. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to "hardball." there's a potentially big electoral story developing in pennsylvania that you need to hear about. the state's 20 electoral votes went for president obama this year, of course, as is the case in all but two states. the winner of a state's popular vote takes all its electoral votes. now a republican leader in the state of pennsylvania -- or the commonwealth i should say wants to change the rules of the game. state senate majority leader dominick peg leg give announced he plans to introduce legislation to change how the state allocates its electoral votes. according to mother jones magazine,
MSNBC
Dec 10, 2012 2:00pm PST
every day. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> let me finish tonight with this. here's a "hardball" take away for you. think about the role played this past election year by percentages. remember one percent? that was the battle cry of the movement. that one percent that focused on the very top of this country's economic pile had a lot of influence. it persuaded a lot of fair bs. here's another one. eight percent. obama hadn't gotten that unemployment rate down below that number, he would have had a far harder time winning last month. i believe i said this earlier in the campaign. if it was under agt, obama would become the faif rit. if not, he wouldn't. ma imag
MSNBC
Dec 22, 2012 4:00am PST
of the undisputed constitution in egypt is underway. >>> people in spain lining up to buy tickets for the legendary christmas lottery. sales down for the 200th el gordo, which will hand out $3.5 billion. >> young folks in denver turned out for a flash mob to celebrate that the world did not end after all. they sang the classic rem song "it's the end of the world as we know it." even though it wasn't. >>> the president and congress home for the holidays. president obama and the first family left for hawaii and their christmas vacation. kristen welker in hawaii and with a good morning to you. kristen, i know are you in hawaii, but it's not vacation. the question i think air force one landed a couple of hours ago? >> yep, about two hours ago, alex certainly not a vacation for me. >> 2:30 in the morning there, right? >> quite early here. and president obama beginning his vacation against the back drop you just described. washington still in disarray. seemed earlier this week, the president obama, house speaker john boehner, would get a deal that would include deficit reduction and tax reform. that has
CNBC
Dec 5, 2012 9:00am EST
it was dubai and bp oil spill or greece or spain or the deleveraging or foreclosures. any of these things that we're supposed to take us out and yet we keep moving. i think the fiscal cliff is another one of these. >> let me ask you about the timing then. deutsche bank had a note out yesterday where they suggested that central banks have bought us a six months of time on the markets. if pmis do not improve, will we see growth? what would you say to that view? >> i mean, i'm pretty simple on this. i do not believe and we could debate this probably all day that quantitative easing itself has helped the economy at all. banks put that money right back to the fed as excess reserves. it hasn't boosted money in the economy. i don't believe that we've seen a false rally or sugar high. i think the growth in the economy and growth in the markets has been driven by productivity and profits. i think it's real. it's slow. it's real. we're going to have a weak fourth quarter. i believe most of that weakness is because of sandy. we're going to pick up later in the quarter. we'll have 2.5% to 3% growth n
CNN
Dec 22, 2012 11:00am PST
of a small town in spain christmas came a little early. they have won the bulk of the country's annual christmas lottery that pays out $2.2 billion. it usually goes thousands of winners. the biggest prize was won by residents of this town near madrid. spaniards usually buy tickets to share and share it amongst their friends and family so the joy is spread around. the so-called mayan end of the world prediction has come and gone. i think we're all still here, but tourists have good reason to get a taste of mayan history and culture in cheech knee za, mexico. nick parker gives us a look. >> i'm here in ancient mayan ruins of cheech i neat za where thousands came to mark the end of the world as some said. well, the world didn't end but there are still many, many good reasons to come and visit what has been described as one of the seven wonders of the modern world. chichen itza was one confident largest cities in the em buyer. it stretches out about five square kilometers of ground here in the yucatan. a lot of the architecture is still extremely imposing. it templeal corresponds to the ma
CNN
Dec 14, 2012 2:00am PST
on the planet. the top four healthiest countries for men are japan followed by singapore, swins land and spain. the u.s. is tied with norway for 29th place. japan tops the list for women, followed by south korea, spain, and singapore. u.s. women finished 33rd in the tie with astona. >> we have to get ahead of astonia. >> all right. barbara streisand talking romance and politics with piers morgan. the hollywood icon says she's never been in love with a republican and never could be. she's a big president obama supporter and says the one thing that makes her proudest is his support for women and barbara streisand has a particular woman in mind to succeed the president. >> well, we're one of the last countries to ever think of having a woman be president. but i think that's possible now. but it wasn't years ago. >> do you think hillary is likely to run? >> i don't know but i hope after a four-year rest that she would run because she would be a great woman president. >> piers asked barbara streisand to name the greatest actor she's ever seen. her answer, marlon brando. good pick. >> i would say so
FOX News
Dec 6, 2012 3:00am PST
pay. that sounds kind. you got to pay people if you fire them. in spain, the old rule was 3 1/2 years. so nobody is going to hire somebody 'cause if you don't like them, you got to pay them for more than 3 years. >> steve: it wasn't progressive. so if you had just been an employee for a certain number of years or something like that, you get an automatic 3 1/2 year severance? >> no, it doesn't take effect unless you've worked there for a year. so lots of people -- >> steve: wait a minute. you work there one year? >> that's right. now they've shortened. they'll only have to pay $200,000. no wonder spain has a 25% unemployment rate and they're rioting. >> steve: what about what the government is trying to do with the disabled? >> again, well intended. all kinds of surprise unintended consequences. in europe again, italy is poor. you have 15 employees, fine. you have a 16th employee, must be disabled. have 51 flows, 7% must be disabled. it just cripples the flexible of the work force. well intended, but that's why they have riots there. >> steve: listen, europe is great because they have
CNN
Dec 7, 2012 2:00am PST
. pact wool expos from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate p
FOX News
Dec 28, 2012 10:00am PST
and see what's happening in countries like greece and italy and spain and ireland have these massive debt. now we cannot repay them, massive interest-rate increases, you and i have talked about this before. but shame on us for not realizing that we stay on this path, we are in real financial trouble. gregg: stephen moore, economics writer for "the wall street journal." on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there are 700,000 russian children who need a home. only 18,000 russian families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive parents. he was neglected. but it is reall
CNBC
Dec 17, 2012 9:00am EST
's going to be a lot of protests in spain, for example, today. foreign exchange, if we look at the dollar/yen, we look how quantitative easing is going to be a much more enhanced program in japan after the elections. you can clearly see how the dollar has performed quite admirably against that weakening of the currency issue on quantitative easing. remember, for an export economy, this is not something they're so upset about. last, but not least, even our weakened partner in europe, we just discussed, look how the euro versus the dollar is at some of the best levels we've seen since early may. something to pay attention to. we also had empire index on the weak side. and minus 56 billion on october treasury, international capital flows. that's the weakest level since the summer of 2011. now we're going to go to david faber who's talking about a sprint clear wire deal. how clear is it, david? >> we did get the deal itself, rick santelli. thank you very much. after a couple of months of which we've been talking about this. if you recall, back on october 10th, we got the deal this morning in
CNN
Dec 13, 2012 9:00am PST
unbelievable. >>> a bizarre arrest in barcelona, spain ended with a woman having her breast implants removed with 3 pounds of cocaine inside them. the woman was bleeding from her chest. she claimed she got breast implant surgery and noticed a white foreign material. they took her to the hospital, and what they found was two bags containing cocaine. authorities say it was worth more than $100,000 worth of cocaine on the street. >>> investigators looking into the plane crash that killed mexican-american star jenni rivera say it could take up to a year to find out what caused that plane to nosedive from 28,000 feet. we have learned new troubling details about the owner of the plane. >> reporter: she says she's convinced the airplane her son was flying was in good shape. it was in excellent condition she says. there was no malfunction. alvarez is the mother of the 20-year-old who was the co-pilot of this learjet that crashed in northern mexico killing singer jenny ri rivera. the piloted was 78 years old, according to his passport found at the crash scene. according to court documents obtained by
FOX News
Dec 5, 2012 3:00am PST
is going to lose. ♪ impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >> >> brian: he dreamed of blowing up 10 synagogues in new york city. he will now spend 10 years behind bars and then deported. he got the sentence in exchange for pleading guilty. he could have gotten 32 years or if they asked me to be on the jury . it is that time of year again, the crib making its annual come back. of applause in the control room. it returns on decem
CNBC
Dec 11, 2012 9:00am EST
go with the resignation of mario monti. greece is higher. por sh gal is higher. spain is higher. it's a good day for -- investor sentiment.strongly it was revealed today. optimism over what the fed is going to do in the united states tomorrow. optimism there will be a deal on the fiscal cliff. you have optimism that the recapitalization of the banks is going to be delayed by another year according to the bank of italy. and you have optimism as well on mar of election promises as we now face the pros wekt of a much earlier election in italy. to that end it is fascinating. sylvia berlusconi has come out today warning about the germano center of politics. in other words, too much of a focus on what is happening from germany and the austerity inspired by angela merkel. in particular, he is drawing attention to this. which is the spread of the extra that investors demand to hold italian bonds over german bonds. i've shown this to you a couple times. over the last year it's been a mainstay of a lot of the italian business broadcasts internally. they say our bonds are currently trading so
CNBC
Dec 28, 2012 9:00am EST
-- in many senses you could call it profit taking -- not in the case of spain where you see a major underperformance. >> let me say the german finance minister suggested he thought the worst of the eurozone crisis is now past. he said the government in athens knows it cannot financially over burden the rest of the eurozone countries and is acting as it should. he was optimistic on france as well despite the fact the data is indicating we'll still get a contraction in the third quarter, for most of the eurozone. germany's economic position is arguably deteriorating but still schauble there is relatively optimistic that the crisis is over. in the meantime what is also happening is this money is beginning to flow into, from the public safety net to support the banks so you have the recapitalization of the banks but that isn't of course good news for everybody in the case of the ipo from last year you have 53,000 small shareholders there effectively having their positions in the debt smashed against the whole. they've been selling out again today to try and retrieve what they can becaus
FOX News
Dec 28, 2012 3:00am PST
of champagnes and other sparkling wines, this is from spain. sparkling wines, different places in the u.s. and in the country around the country, i have different sparkling wines. i have chandon, proseco from italy. >> juliet: with a little straw there. >> fun minis. >> juliet: for people who have no desire to make their own drinks. thank you very much. we'll get all this information out on our web site. >> cocktailguru.com. >> juliet: thank you so much. we're going to take a quick break. we'll be back in two minutes. stay with us [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. . . with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purche, everday! woo-hoo!!
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